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COMMISSION REFORM
IRDA's new consultation paper proposes major reforms to improve insurance distribution and reduce complaintsIrda's recent consultation paper aims to restructure insurance distributor commissions to enhance market efficiency and penetration. The re...- Suvendu Sarkar rolls out Diwali bonanza for Bengal babus, hikes IAS allowances by 50%The Suvendu Adhikari-led West Bengal government has announced a range of benefits for its IAS officers, including a 50% hike in monthly sum...
- LIC expects limited impact from IRDAI's proposed commission cuts, cites lower expense ratioLife Insurance Corporation of India is bracing for new changes set forth by the Insurance Regulatory and Development Authority of India. As...
- Social Security benefits at risk in 2032: Will 35 new Senators prevent a 22% cut?Social Security benefit cuts 2032: Social Security faces a potential 22% benefit cut in 2032 as its retirement trust fund is projected to r...
- Maharashtra gives one-time age relaxation for recruitment exams, extends concession till end-2027The Maharashtra government has announced a one-time relaxation in age limits for state recruitment exams until December 31, 2027. This deci...
- Nvidia chips pile up in Hong Kong as China withholds import approvalAbout 600,000 of Nvidia's advanced artificial intelligence chips are stored in Hong Kong awaiting shipment to mainland China, two people fa...
- China blocks SoftBank's $5.4 billion takeover of ABB's robotics division: FTSoftbank had agreed to buy ABB's robotics business in October last year, as CEO Masayoshi Son sought to establish SoftBank as a core player...
- China blocks SoftBank's $5.4 billion takeover of ABB's robotics division: ReportChina has informed Japanese investor SoftBank that it will block the $5.4 billion acquisition of ABB's robotics segment. This decision is d...
- Supreme Court issues notice on plea challenging blanket immunity granted to CEC Gyanesh Kumar, ECs amid SIR rowThe Supreme Court has asked the Centre and Election Commission of India to respond to a petition. This petition challenges the blanket lega...
- Displeased by spotty obedience, Xi Jinping continues culling party leadersA record number of officials have been expelled from the Chinese Communist Party during the recent plenum. Among those removed were senior ...
- Who is John Sununu? The MIT engineer and Harvard MBA seeking a Senate comeback after 18 yearsOn November 3, 2026, New Hampshire voters will cast their ballots for their new US senator. Former senator John E. Sununu faces off against...
- India, EU discuss FTA implementation, customs cooperation and market access in BrusselsIndia and the European Union engaged in discussions regarding the implementation of their Free Trade Agreement. Commerce Secretary Rajesh A...
- America's power bills are soaring. Utilities are now facing an election-year reckoningElectricity prices are increasingly affecting midterm election campaigns as utility bills rise significantly for consumers. Politicians are...
- CCI approves Adani acquisition of IntellismartAdani Energy Solutions has received approval to acquire IntelliSmart Infrastructure, establishing a major presence in smart meters. This ac...
- Dynamic pricing's unacceptable in insurance, big payouts erode value: IRDAI chief Ajay SethIRDAI chief Ajay Seth criticises the approach of some digital platforms, warns high commissions leave less in the risk pool, push up premiu...
- Kazakhstan economy registers strong growth since 2019President Kassym-Jomart Tokayev reported that Kazakhstan’s GDP per capita has surpassed $15,000 in recent years. Economic growth has been m...
- In China, the AI bubble has already burstWhile global tech stocks teeter, in China they have already crashed as lofty valuations collapse under worries about AI demand and curbs on...
- Karnataka CM Shivakumar vows to give KPSC a 'new form', says permission granted to interrogate accused in irregularities caseKarnataka Deputy Chief Minister DK Shivakumar said the state would revamp the Karnataka Public Service Commission (KPSC) to prevent recruit...
- Insurance commission: IRDAI extends time for feedback to October 31The regulator is engaging with different stakeholder groups and has not reached a conclusion on the proposals, IRDAI chairman Ajay Seth had...
- NITI Aayog member Rajiv Gauba calls for urban reformsAddressing the valedictory session of the 2nd National Urban Conclave on Sunday, Gauba called for removal of restrictive floor-area ratios ...
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